Non-performing loans to total gross loans (%) in Armenia
Armenia: Non-performing loans to total gross loans (%) was 1.1% in 2024. ▼ Falling
Non-performing loans to total gross loans in Armenia, 2010–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
Armenia recorded 1.1% for non-performing loans to total gross loans in 2024. That is the lowest value across all 15 years on record.
Compared with earlier readings it is down 47.6% on the previous year and down 83.9% over ten years.
Over the whole period, non-performing loans to total gross loans in Armenia peaked at 7.9% in 2015 and was at its lowest, 1.1%, in 2024.
That places Armenia 143rd out of 156 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 15 years of available data.
Non-performing loans to total gross loans (%) in Armenia, year by year
| Year | % | Change |
|---|---|---|
| 2010 | 3.0% | — |
| 2011 | 3.4% | +12.5% |
| 2012 | 3.7% | +7.3% |
| 2013 | 4.5% | +22.2% |
| 2014 | 7.0% | +55.4% |
| 2015 | 7.9% | +14.1% |
| 2016 | 6.7% | -15.4% |
| 2017 | 5.4% | -19.2% |
| 2018 | 4.8% | -12.5% |
| 2019 | 5.5% | +15.8% |
| 2020 | 6.6% | +19.0% |
| 2021 | 1.8% | -72.0% |
| 2022 | 2.4% | +30.8% |
| 2023 | 2.1% | -10.5% |
| 2024 | 1.1% | -47.6% |
Armenia compared with similar countries
- Armenia's 1.1% is below the median for upper middle income countries, which is 3.4%, 33% of the median. (47 countries reporting)
- Armenia's 1.1% is below the median for Europe & Central Asia, which is 2.6%, 44% of the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 5.2% | 3.0% | 7.9% | 10 |
| 2020s | 2.8% | 1.1% | 6.6% | 5 |
Countries ranked near Armenia
More development goals data for Armenia
- Red List Index 0.8418 index (2025)
- Number of refugees per 100,000 population, by country of origin 531.61 per 100,000 people (2025)
- Manufacturing value added per capita 649.47 constant US$ (2025)
- Number of transboundary breeds 25 (2025)
- Number of transboundary breeds (not extinct) 24 (2025)
- Number of transboundary breeds with unknown risk status 24 (2025)
- Number of local breeds with unknown risk status 13 (2025)
- Number of local breeds (not extinct) 13 (2025)
- Number of local breeds kept in the country 14 (2025)
- Infant deaths 301 (2024)
Frequently asked questions
- What is non-performing loans to total gross loans in Armenia?
- Non-performing loans to total gross loans in Armenia was 1.1% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest non-performing loans to total gross loans recorded in Armenia?
- The highest recorded value was 7.9% in 2015.
- What is the lowest non-performing loans to total gross loans recorded in Armenia?
- The lowest recorded value was 1.1% in 2024.
- How does Armenia rank for non-performing loans to total gross loans?
- Armenia ranks 143rd out of 156 countries with data for 2024.
- Is non-performing loans to total gross loans rising or falling in Armenia?
- Over the last ten years it is down 83.9%. The long-run trend across the full record is falling.
- Where does this Armenia data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Non-performing loans to total gross loans (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 15 observations, free to reuse under UN SDG Global Database (open, attribution requested).